THE DISTILLERY: Aussie battlers

Jotters inspect the damaged fleece of Elders’ rural business, while others explain why Holden has had to put wages in reverse.

This morning, all the talk is about Elders and Holden Australia – two famous Australian names in big trouble. Business scribes believe the former simply didn’t have an offer for its rural services business that it could reasonably take to lenders. In regards to the latter, Holden wants pay cuts to prevent a hastier end to its Australian production.

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